
Listed by Compass Washington
$2,760,000
1479 W Smith Road
Details
APN 390233-295517
Property Type Industrial
Sub Type Warehouse
Square Footage 24,386
Cap Rate 5.00%
NOI $138,073
Price per SqFt $113
Year Built 2021
Buildings 7
Stories 1
Acreage 1.150
Zoning Business, Commercial, Industrial, Industrial-Light, Office
Parking Spaces 4 spaces
Parking Per SqFt 0.16
Industrial | 5.00% CAP | 24,386 SqFt
Marketing description
Discover an exceptional investment opportunity with this pristine storage facility in Ferndale, ideally located just off Smith Road and moments from I-5 for unbeatable visibility and accessibility. Built in 2021, this modern complex features 120 meticulously maintained storage units, a versatile office space (approx. 544 sq. ft.), and a stylish condo (approx. 1,095 sq. ft.)—perfect for onsite living, renting, or housing a manager to oversee operations. The property includes a spacious 2-car garage (approx. 700 sq. ft.) and is fully gated with top-tier security, ensuring peace of mind for both you and your tenants. With impressively low vacancy rates and significant upside potential, this facility offers excellent income growth opportunities through self-management, flexible rental strategies, or enhanced operational efficiencies. Whether you're an investor, an entrepreneur, or someone seeking a live-work opportunity, this near-new complex offers the perfect blend of convenience, security, and growth potential. Don’t miss this rare chance to own a high-demand property in a thriving location!
Listing Contacts

Listed by Compass Washington
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$138,073.00
$11,506.08/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
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